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Corporate

Apr. 8, 2025

SB 763: Increased penalties as a means of corporate deterrence

Proposed legislation would dramatically increase antitrust violation penalties - raising corporate fines from $1 million to $100 million per violation - in an effort to deter anticompetitive behavior by making penalties more than just "the cost of doing business."

Kate Patchen

Partner
Covington & Burling LLP

Elizabeth Archer

Associate
Covington & Burling LLP

SB 763: Increased penalties as a means of corporate deterrence
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Senate Bill 763, proposed in February 2025 by California Attorney General Rob Bonta and State Senator Melissa Hurtado, aims to amend the Cartwright Act by introducing stricter penalties for antitrust violations. The bill proposes several significant changes:

Increasing corporate criminal fines from $1 million to $100 million per violation

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